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I think the biggest problem for 99% of day traders is not having a winning method. The "most people aren't disciplined" answer assumes those people have a winning system to follow in the first place.

I don't really see many PA patterns that I recognize today. Anyone?

How did you get a table to show up in your post?

MJNA CEO responds to some of the negative comments about the company on SeekingAlpha: http://finance.yahoo.com/news/medical-marijuana-inc-shareholder-letter-113000670.html

Does it do a lot of gapping up and down since I assume the Nikkei trades on Japan hours when our market is closed?

They look like a plastic company. What were your reasons for buying their stock? They are pretty high volume for a penny stock. Are you expecting them to go back up to $6?

GrowLife, Inc PHOT http://growlifeinc.com Domain created on Mar 21 2011, expires 21 Mar 2014 Their website has a picture of Arnold Schwarzenegger smoking a joint on one of the slides :cool: I didn't see any info on their site about their CEO or anything. Here's their recent...

Down 41% in the last 3 months.

Is there a Nikkei ETF? Or a historical chart of the Nikkei? I'm having trouble getting one on SierraChart. Looks like it just fell to 14,655 from 16,020 but was around 10,800 at the beginning of the year so it's not realy that big of a drop, it just seems to have happened quickly. What...

Another thing I see on there is the right shoulder is S flipping to R. In the future can you include the X axis of your chart so people can see the time frame? It might be helpful in the future for someone going through this thread and wanting to look at these examples on their own charts.

And now back to price action. DB off ORH?

Being given only part of the big picture (hints, fortune cookie wisdom, etc) is indistinguishable from how a "guru" "teaches." I'm sure you are a profitable trader making 5 figures per day, but with just hints, I cannot learn from you. This is not me "not being committed and not wanting to...

Today's chart (there was a lot of volume today so the chart is longer than usual so I don't want to embed it because it would be too wide in the thread): 5-22 ES 5000 volume chart

Can you take delivery?

As of March 1, this article is predicting a crash for CBIS: http://www.aimhighprofits.com/the-coming-crash-of-cannabis-science-cbis-puff-puff-pass

Looks like Cannabis Science was formerly Brighton Oil & Gas, Inc., GUlf Onshore, Inc, and National Healthcare Technology Inc. Source: http://www.sec.gov/cgi-bin/browse-edgar?company=cannabis+science&match=contains&action=getcompany They also have a lot of "inability to file timely report"...

Hemp, Inc HEMP http://www.hemp.com Domain created Jun 20, 1997, expires Jun 19, 2020 (this doesn't mean the current owner is the same person who registered it in 1997) CEO: Bruce Perlowin Dude has a website calling himself the "King of Pot": http://www.bruceperlowin.com/kingofpot.html...

Medical Marijuana, Inc MJNA http://medicalmarijuanainc.com/ Domain created Mar 16, 2009, expires Sep 27, 2017 CEO: Michelle Sides According to Seeking Alpha, this company "is a penny stock company run by criminals and alleged fraudsters" and goes so far as to say "MJNA Appears to be a...

Cannabis Science CBIS http://www.cannabisscience.com/ Domain created on Sep 10 2008, expires on Sep 10 2021 CEO: Dr. Robert Melamede, Ph.D. Ph.D. in Molecular Biology and Biochem from the City University of New York. Retired Chairman of the Biology Department at University of Colorado...

Here is a list: Anyone know anything about these companies? The only ones that seems to have decent volume are MJNA, CBIS, HEMP, MWIP, NVLX, PHOT, TRTC (kind of) and XCHC (kind of). I think GWPRF is the American version of GWP.L.